4//SEC Filing
Noll Shaun 4
Accession 0000895345-23-000669
CIK 0001340476other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 4:00 PM ET
Size
16.1 KB
Accession
0000895345-23-000669
Insider Transaction Report
Form 4
Noll Shaun
Director10% Owner
Transactions
- Purchase
Common Shares
2023-12-01$0.28/sh+3,939,925$1,108,301→ 22,185,432 total(indirect: By LLC) - Other
Common Shares
2023-12-01−11,928,214→ 0 total(indirect: By LLC) - Other
Common Shares
2023-12-01−4,996,844→ 0 total(indirect: By LLC)
Holdings
- 10,157
Common Shares
Briger Peter L JR
Other
Transactions
- Purchase
Common Shares
2023-12-01$0.28/sh+3,939,925$1,108,301→ 22,185,432 total(indirect: By LLC) - Other
Common Shares
2023-12-01−4,996,844→ 0 total(indirect: By LLC) - Other
Common Shares
2023-12-01−11,928,214→ 0 total(indirect: By LLC)
Holdings
- 10,157
Common Shares
726 BC LLC
Other
Transactions
- Purchase
Common Shares
2023-12-01$0.28/sh+3,939,925$1,108,301→ 22,185,432 total(indirect: By LLC) - Other
Common Shares
2023-12-01−4,996,844→ 0 total(indirect: By LLC) - Other
Common Shares
2023-12-01−11,928,214→ 0 total(indirect: By LLC)
Holdings
- 10,157
Common Shares
Briger Matthew
Other
Transactions
- Other
Common Shares
2023-12-01−4,996,844→ 0 total(indirect: By LLC) - Purchase
Common Shares
2023-12-01$0.28/sh+3,939,925$1,108,301→ 22,185,432 total(indirect: By LLC) - Other
Common Shares
2023-12-01−11,928,214→ 0 total(indirect: By LLC)
Holdings
- 10,157
Common Shares
726 BF LLC
Other
Transactions
- Purchase
Common Shares
2023-12-01$0.28/sh+3,939,925$1,108,301→ 22,185,432 total(indirect: By LLC) - Other
Common Shares
2023-12-01−11,928,214→ 0 total(indirect: By LLC) - Other
Common Shares
2023-12-01−4,996,844→ 0 total(indirect: By LLC)
Holdings
- 10,157
Common Shares
Footnotes (5)
- [F1]On December 1, 2023: 726 BF LLC ("726 BF") contributed 11,928,214 DIRTT Environmental Solutions Ltd. common shares (the "Common Shares"), no par value, to a newly-formed LLC, WWT Opportunity #1 LLC ("WWT1"); 726 BC LLC ("726 BC") contributed 4,996,844 Common Shares to WWT1; and Shaun Noll contributed 1,320,449 Common Shares to WWT1.
- [F2]Peter Briger, as the Manager of 726 BF, may have been deemed to beneficially own the Common Shares held by 726 BF. Mr. Noll was delegated power to dispose of the securities owned by 726 BF and, accordingly, Mr. Noll may have been deemed to beneficially own the Common Shares held by 726 BF for the purposes of Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act"). This Form 4 shall not be deemed an admission that Mr. Noll was, for purposes of Section 16 of the Exchange Act, a beneficial owner of Common Shares held by 726 BF.
- [F3]Matthew Briger, as the Manager of 726 BC, may be deemed to beneficially own the shares of the Issuer owned directly by 726 BC. Mr. Noll was delegated power to dispose of the securities owned by 726 BC and, accordingly, Mr. Noll may have been deemed to beneficially own the Common Shares held by 726 BC for the purposes of Section 13(d) of the Exchange Act. This Form 4 shall not be deemed an admission that Mr. Noll was, for purposes of Section 16 of the Exchange Act, a beneficial owner of Common Shares held by 726 BC.
- [F4]WWT1 purchased these Common Shares from a third party for CA$0.38 per Common Share. The price of US$0.2813 per Common Share reported above reflects a daily exchange rate of CA$1.3507 per US dollar on December 1, 2023, as reported by the Bank of Canada on December 4, 2023.
- [F5]Mr. Noll, as the Managing Member of WWT1, may be deemed a beneficial owner of Common Shares held by WWT1, but disclaims such beneficial ownership except to the extent of his pecuniary interest therein.
Documents
Issuer
DIRTT ENVIRONMENTAL SOLUTIONS LTD
CIK 0001340476
Entity typeother
Related Parties
1- filerCIK 0001821774
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 4:00 PM ET
- Size
- 16.1 KB